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and hybrid vehicles will be on display. california does account for 11% of all new u.s. auto sales. i wonder if there will be any driverless cars at this one next. i hope not. in any case, that's it for today's show. thank you for tuning in. i'm kelly evans. up next is u.s. "squawk box." don't go anywhere. [ male announcer ] this december, remember -- you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. >>> good morning, today's top stories, ceos heading to the white house to make their fiscal cliff pitch to the president. in global market news, the obama administration declines to name china a currency manipulator. and on the economic front, a report on new home sales topping today's agenda. it's wednesday, november 28th, 2012. "squawk box" begins right now. ♪ here comes santa claus here comes santa claus right down santa claus lane all his reindeers pulling on the reins ♪ >> good morn
in the united states. and it has a good positioning in california where he says macroeconomic is improving a little bit better than in new york when it comes to the tourist spend. that's very important for luxury. and unfortunately, we're just not seeing it like we were in those new york luxury department stores. with that being said, remember luxury doesn't do door busters really. it's quite the opposite. they go for the price premiums. quality very important to many consumers. in fact 75% of luxury consumers say it is the number one most important thing. but i think what happens out of washington will very much determine how the holiday season shapes up for the luxury retailers. >> that's for sure. courtney reagan braving the cold there for us. really appreciate it. want to bring and you couple news flashes. welcome back our uk viewers who have been listening to mervyn king. keep an eye on crude before we go, up over 1% as the ieae chief is calling for urgency in iran talks. and we'll leave you for the day. here is u.s. "squawk box." we'll see you back here tomorrow. can i help you? i he
Search Results 0 to 1 of about 2